If the rents support the mortgage and the note has a good performance record then the lenders will be more inclined to work with you.

I may need to contact other organizations because she said she was a minister and the church told me they never heard of her or her ministry.For the contractor, I have just contacted my lawyer.  

Also, how is the best way to record a payment from the PM (rent minus fees and any expenses)?

For the record, our site is www.nreinsurance.com.Hope everyone had a nice weekend!

It is definitely negligence if they can't prove that they did everything reasonable to try and get the lot treated.FYI, I don't know the laws in CO but in my area, most governing docs and state condominium law state that owners have a right to inspect all association records, which include the insurance policies and certificate of insurance.

I would love some advice / knowledge on the following costs:BuyingEscrow = Attorney = Title Insurance Search Costs =Miscellaneous =SellingEscrow =Attorney =Recording Fee =Realtor Fee = 5-6%Transfer & Conveyance Fees =Home Warranty =Miscellaneous =Many thanks!  

This will be one issue to deal with in your short sale scenario.Back HOA dues are owed by the homeowner of record during the time that the condo was owed.

thank you @Mardochee Pierre very much although i do plan to flip it for a profit i would like to live there a year or two and make it a vacation rental when I'm not there and really don't want an inland house although i do notice a majority of the waterfront homes are actually just on a canal and there is the whole hones beech long beech rockaways etc... acting as a wall in my opinion.....mainly could you perhaps recommend an experienced inspector that could assist me when i visit the open house... they do provide all sorts of inspections and property information but i just don't trust them after all the whole thing is organized by some 3rd party company making a profit off the 6% commission at the auction so obviously they could be less than truthful... also any information from the state which owns the homes at this point i really wouldn't trust because i know the state can say one thing and than a local town official could come around and say oh no no you need to teat that house down etc...

I purchased a vacant lot in a distressed area in Pittsburgh, I got paid to buy it and if I can't sell it this year I will donate it to either the township a church or a local organization I know.

We buy at a fair, reasonable price, and they don't have to go into foreclosure and possibly ruin their credit record.